Eleco Public Share Discussion Threads

[ansc] 14/12/2018 18:28

Elecosoft's working relationship with Seddon Construction:

[full case study, although lengthy, worth reading]

[rathkum] 14/12/2018 08:58

ansc - you are correct. Now what made me think it was December last year.

I am optimistically expecting eps of 3.4p-3.5p per share mainly on the back of higher margins.

[ansc] 13/12/2018 17:54

Cheers, rathkum, seasons greetings to you and yours and I'll second your wish for a profitable 2019, Brexit or not.

Are you being a tad optimistic re a trading update next week as last year it came on 23rd January and Shire Systems has had to be integrated as well during the last six months. Whenever, I'm looking forward to it optimistically like you.

It's worth remembering that the year ending December, 2018, results govern whether the share options mentioned in the RNS (of 28 October '16) get granted. There were two conditions attached, firstly revenue of at least £21.4m and secondly eps of at least 2.76p/share. The revenue condition is virtually 'a gimme' as not only Shire but also ICON have been acquired since then; for eps, I'm hoping close to 3.0p for the same reason. The share price was 28.7p back then so a juicy 250% gain is quite an incentive!

[rathkum] 13/12/2018 12:37

Trading update next week?-looking forward to it.

Wishing all on this board a Merry Christmas and a profitable 2019.

[ansc] 12/12/2018 17:54

Elecosoft launches Powerproject Vision:



Concluding paragraph: Ben Taunt, UK Sales Manager for Powerproject comments, “Powerproject Vision has received overwhelmingly positive feedback from beta testers and from attendees at user meetings around the country. We often hear clients asking “am I looking at the right version of the project plan” and “who approved this plan?” Powerproject Vision helps answer these questions; it is a highly configurable system that can be tailored to match a company’s business profile.”

[ansc] 28/11/2018 18:27

ICON gaining recognition:



I find the price of some of the 'loftier' trade marks going through as bewildering!

[ansc] 27/11/2018 18:30

The Timber Design Studio uses Elecosoft's Framing software:

[ansc] 21/11/2018 13:50

An unusually tight spread (for ELCO) this morning - 71.1/71.5p (for 5k). My 'pot' is overflowing already with shares otherwise I'd be in for a few more. It's worth remembering that the recent Scrip Dividend reference price for new shares was 84.8p and was taken up in full by the chairman and a non-exec (whom once [1994 - 2010] was the company FD!). Confidence shown by those who should know.

[ansc] 20/11/2018 13:11

With Brexit turmoil headlines dominating the daily news, it's worth recollecting what the chairman said on the subject in his Interim 'Outlook' statement back in September:

'Approximately a third of our revenue in the first half of 2018 was earned in the UK, with two thirds in Scandinavia, elsewhere in Europe, Australia or the US. The majority of our operating profits are earned in, and employees based in Sweden, Germany, the Netherlands, Belgium and the United States. This, combined with the recurring nature of our revenues, means that I believe we remain resilient to any potential effects of Brexit.'

[ansc] 19/11/2018 18:48

Powerproject wins Project Management/Planning Product award for the fifth consecutive year:

[clangor2] 19/11/2018 12:51

Amazed that investors haven't cottoned on that the Active Online GmbH acquisition could turn out to be an absolute stunner at a relatively cheap price. Elecosoft's previous two purchases, ICON at 3.4 times t/o and Shire Systems at 3.3 times, were both snips (imo) yet this one is only 1.4 times according to the figures quoted in the RNS.

But for me the icing on the cake is once Active and the company's own Esign have been integrated, you'll have a unit with software capable of decorating a new-build house throughout at the touch of a button. Imagine you have a new, small estate of say 30 houses, the builder furnishes the Show House as usual but will then be a position to say to any prospective purchaser that they can see the effect of any changes that they might like to make by simply viewing them on their computer. The builder of course will then have the added incentive of doing the furnishing themselves and cutting out the middle man.

Quite a prospect.

[smithie6] 12/11/2018 14:43

...sometimes...
...some holders sell some...to generate some cash...to help pay for taking up new shares....(which might have tax advantages & by taking up new shares they help the co.)

[ansc] 10/11/2018 10:36

Schroder Investment Capital now listed as a significant shareholder (3.05%) ..... another of the participants involved in the acquisition share placing?

[ansc] 09/11/2018 17:51

Sometimes I struggle to understand shareholders actions; I had interpreted the news of J O Hambro becoming a significant shareholder as being positive but the 10 trades marked today have all been sells!

[ansc] 09/11/2018 11:52

Before today's RNS, J O Hambro were not listed as a significant shareholder in the company so I'm assuming they were one of those involved in the acquisition share placing and must have taken a fair slice of the shares issued.

[edmonda] 09/11/2018 09:54

encouraging to see blue chip fund manager JO Hambro declaring a 6.4% stake today following this week's earnings accretive German acquisition.

Details of which are in this full research note:

[caterham88] 06/11/2018 11:25

The Active Online website is worth looking at to understand their products.

[bamboo2] 06/11/2018 08:26

6 November 2018

Elecosoft Plc

("Elecosoft" or the "Company")

Acquisition of Active Online GmbH ("Active Online")

Placing to raise GBP2.25 million

Elecosoft (AIM: ELCO), a developer of award winning software applications and related services within the architectural, engineering, construction and owner/operator sectors, is pleased to announce that it has signed an agreement for the acquisition of Active Online GmbH ("Active Online") for an initial consideration of EUR3.45m (comprising cash and ordinary shares) and a potential further bonus payment of up to EUR0.4m dependent on the attainment of specific performance and financial targets in the 3 years following completion (the "Acquisition").

The Board announces that it has also raised funds via an equity placing to raise GBP2.25m at 70 pence per new Ordinary Share, conditional on Admission (as defined and further explained below).

[edmonda] 06/11/2018 08:19

Latest note from Equity Development

[ansc] 03/11/2018 10:19

Result of scrip dividend scheme:



Comforting to see that chairman (J Ketteley) and non-exec (D Dannhauser) took up their full entitlement even at the conversion reference price of 84.8p/share ... confidence?

[ansc] 31/10/2018 18:04

Some sizeable trades have been marked in the last couple of days. A RNS due?

[smithie6] 30/10/2018 19:58

good/valid point..

---

sp at 85p was better !

[ansc] 30/10/2018 18:05

All the winners were ELCO customers:



175k shares traded today out of a share cap totalling 77,854k or 0.23%. Share price plummets by 7.8% ..... logical?

[smithie6] 30/10/2018 16:34

anything pushing this down ?

[ansc] 17/10/2018 18:35

A classic 'smoke and mirrors' scenario after 16.00 by the Market Manipulators today, making it impossible to sort trade buys and sells. It'll take more than an overdone share price drop to change my stance.